Published: 2025-11-17T06:29:00.000Z
Chart AUD/JPY Update: Lower in consolidation beneath 102.00
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Edged lower in consolidation beneath the 102.00 level as prices unwind overbought intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 104.00 | * | congestion | S1 | 100.00 | * | congestion | |
| R3 | 103.00 | * | congestion | S2 | 98.80 | ** | 5 Nov low | |
| R2 | 102.40 | ** | Nov 2024 high | S3 | 98.40 | ** | Sep high | |
| R1 | 101.50 | * | congestion | S4 | 98.00 | * | congestion |
Asterisk denotes strength of level
06:20 GMT - Edged lower in consolidation beneath the 102.00 level as prices unwind overbought intraday studies. Both daily and weekly studies are stretched as well and suggest further gains likely to stalled ahead of the 102.40, November 2024 high. Meanwhile, support at the 100.00 congestion which should underpin. Would take break here to open up room for deeper pullback to retrace gains from the April current year low to strong support at 99.00/98.80, congestion and 5 Novermber low. Lower still, will see room to 98.40/97.40, September/July highs.